Macquarie Etf Trust Etf Profile
| STAX Etf | 25.06 0.01 0.04% |
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Macquarie Etf is trading at 25.06 as of the 3rd of May 2024; that is 0.04% increase since the beginning of the trading day. The etf's open price was 25.05. Macquarie Etf has 50 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Equity ratings for Macquarie Etf Trust are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of April 2024 and ending today, the 3rd of May 2024. Click here to learn more.
Macquarie Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Macquarie Etf's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Macquarie Etf or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Ideas | (View all Themes) |
| Business Concentration | Broad Municipals ETFs, Municipals ETFs (View all Sectors) |
| Issuer | Macquarie |
| Inception Date | 2023-11-28 |
| Entity Type | Regulated Investment Company |
| Asset Type | Fixed Income |
| Category | Municipals |
| Focus | Broad Municipals |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | J.P. Morgan Chase Bank, N.A. |
| Advisor | Delaware Management Company |
| Custodian | J.P. Morgan Chase Bank, N.A. |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | Gregory Gizzi, Stephen Czepiel, William Roach |
| Transfer Agent | J.P. Morgan Chase Bank, N.A. |
| Exchange | NYSE Arca, Inc. |
| Market Maker | Jane Street |
| Total Expense | 0.29 |
| Management Fee | 0.29 |
| Country Name | USA |
| Code | STAX |
| Updated At | 14th of April 2024 |
| Currency Name | US Dollar |
| Currency Code | USD |
| Open Figi | BBG01KBR8771 |
| Type | ETF |
Macquarie Etf Trust [STAX] is traded in USA and was established null. The fund is not categorized under any group at this time. The fund at this time have in assets.
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Macquarie Etf Target Price Odds Analysis
Based on a normal probability distribution, the odds of Macquarie Etf jumping above the current price in 90 days from now is about 76.69%. The Macquarie Etf Trust probability density function shows the probability of Macquarie Etf etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Macquarie Etf has a beta of 0.0276. This usually implies as returns on the market go up, Macquarie Etf average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Macquarie Etf Trust will be expected to be much smaller as well. Additionally, macquarie Etf Trust has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Macquarie Etf to move above the current price in 90 days from now is about 76.69 (This Macquarie Etf Trust probability density function shows the probability of Macquarie Etf to fall within a particular range of prices over 90 days) .
Macquarie Etf Trust Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Macquarie Etf market risk premium is the additional return an investor will receive from holding Macquarie Etf long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Macquarie Etf. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Macquarie Etf's alpha and beta are two of the key measurements used to evaluate Macquarie Etf's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.02) | |||
| Treynor Ratio | (0.38) |
Macquarie Etf Against Markets
Picking the right benchmark for Macquarie Etf etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Macquarie Etf etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Macquarie Etf is critical whether you are bullish or bearish towards Macquarie Etf Trust at a given time. Please also check how Macquarie Etf's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Macquarie Etf without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Macquarie Etf?
Before investing in Macquarie Etf, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Macquarie Etf. To buy Macquarie Etf etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Macquarie Etf. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Macquarie Etf etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Macquarie Etf Trust etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Macquarie Etf Trust etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as Macquarie Etf Trust, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Macquarie Etf please use our How to Invest in Macquarie Etf guide.
Already Invested in Macquarie Etf Trust?
The danger of trading Macquarie Etf Trust is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Macquarie Etf is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Macquarie Etf. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Macquarie Etf Trust is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Macquarie Etf Trust offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Macquarie Etf's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Macquarie Etf Trust Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Macquarie Etf Trust Etf: Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Macquarie Etf Trust. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Macquarie Etf Trust information on this page should be used as a complementary analysis to other Macquarie Etf's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
The market value of Macquarie Etf Trust is measured differently than its book value, which is the value of Macquarie that is recorded on the company's balance sheet. Investors also form their own opinion of Macquarie Etf's value that differs from its market value or its book value, called intrinsic value, which is Macquarie Etf's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Macquarie Etf's market value can be influenced by many factors that don't directly affect Macquarie Etf's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Macquarie Etf's value and its price as these two are different measures arrived at by different means. Investors typically determine if Macquarie Etf is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Macquarie Etf's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.